Shop for sale

Eastgate Street, Gloucester, Gloucestershire, GL1

£400,000

Property Description

Full description

SHOOTING, FISHING & COUNTRY CLOTHING RETAILER - GLOUCESTER
Specialists in Shotguns, Firearms and Air weapons
Situated in the desirable city of Gloucester
Advised annual turnover of 200,000
2, 2 bedroom flats - currently let
Fixtures and fittings included
Well equipped throughout
Genuine reason for sale
Walk in condition
FREEHOLD

Location
This exceptional business is situated in the vibrant and historic city of Gloucester. It is located in an ideal trading location within the city, close to a variety of retailers and as such it enjoys a large daily passing trade and high footfall. This superb city is the perfect location for a business of this type and customers are attracted by the very impressive window display and specialised product range. Gloucester is a hugely popular business and residential city which offers excellent shopping, fine housing, good schools, NHS services, superb public transport networks and a thriving business community. Overlooked by the Cotswolds, Gloucester's heritage dates back to Roman Times and boast many culturally important buildings. It is known as 'the cathedral city of the Cotswolds'. Gloucester is less than 6 miles away from the M5 motorway.


Business History
Meridian Business Sales are pleased to offer to the market this well established retail shop which was established by our client's in 1967. The only reason this rare opportunity is being offered to the market is due to our client's pending retirement. Since the business was established our clients have continually developed and improved the business, building a solid national customer base, supplying a wide range of products associated with shooting, fishing and country clothing. In addition, the business benefits from a professional website and mail order service. This business has huge potential and scope to increase sales. Our client's inform us that the annual turnover currently runs at 200,000 with a gross profit of 90,000. There are 2, two bedroomed self-contained split level maisonettes which are currently sub let. This is a superb opportunity to purchase a long established and well respected business, which is a great base to build upon and as such early viewing is highly recommended.



Financial Profile
Turnover: 200,000pa
Gross Profit 90,000
Stock (approx) 40,000

Tenure
We are advised Freehold

Opening Hours
Monday: 9.00am - 5.30pm
Tuesday: 9.00am - 5.30pm
Wednesday: 9.00am - 4.45pm
Thursday: 9.00am - 4.45pm
Friday: 9.00am - 5.30pm
Saturday: 9.00am - 5.30pm


Accommodation
Double fronted property briefly comprising:

GROUND FLOOR
Window shutters
Served with CCTV and high end alarm
Glazed double frontage to carpeted retail area:
Display cabinets
Hanging Rails
Peg and Slat Boarding
Safes for hand guns and ammunition
Lock Boxes for guns
Office
Stockroom
WC


FIRST FLOOR
2 Self contained maisonette each with
kitchen, lounge/dining room, bathroom
Stairs leading to:
2 bedrooms on second floor
Currenty let, but could be used for owner accommodation

EXTERNAL
Rear yard with further access

Nearest station

  • Gloucester (0.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Gloucester (0.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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